Hi Brendan,

I'm a financial planner that was exposed to NRAS last year.  We have done extensive due diligence and found that providing the property purchase would makes sense without NRAS and you have a good NRAS consortium it is a very good proposition.

The difficulty is that most NRAS properties are sold off the plan and can be difficult to ensure values stack up.

We recently came across already built and tenanted NRAS properties 6km from Melbourne CBD that start at $315k.  These make perfect sense as NRAS generates more cashflow on cheaper properties and with a fully built, already tenanted and professionally managed property there is minimal risk.

Happy to explain further.